Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Trio of Private Equity Firms Made Final Bids for Neuberger Unit Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 18, 2008

Trio of Private Equity Firms Made Final Bids for Neuberger Unit

by: Erin Kello

With the sale of Lehman Brothers' investment Management unit which includes Neuberger Berman, said to be imminent, Private Equity News is reporting that the final race is between three bidders, all private equity firms: b>Clayton Dubilier & Rice, Bain Capital and Hellman and Friedman.

The info came from Henry Ramallo, a managing director and senior portfolio manager at Neuberger, who was speaking at a conference of clients of Swiss bank and asset manager Union Bancaire Privée.

Ramallo also said that Carlyle dropped out of the race and said he thinks KKR has not done enough due diligence.

Bids for the Lehman's investment management unit reportedly came in around $5 billion.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use